Henderson Park Acquires French Hotel Portfolio in Strategic Move
Deal News | Feb 18, 2025 | Henderson Equity Partners
Henderson Park, a private equity real estate firm, has expanded its hotel portfolio by acquiring five mid-scale hotels in France with asset management company Atream. The hotels, located in Paris, Lille, and Cannes, include 645 rooms under the Novotel Suites brand. This acquisition consolidates property and operational ownership, aiming for enhanced value through modernizations and improved energy efficiency. The hotels will continue under Accor's management. France remains a premier destination, driving Henderson Park's focus on the hospitality sector, benefiting from increased travelers and spending. The move aligns with their strategy to capture value in robust markets.
Sectors
- Real Estate
- Hospitality
- Private Equity
Geography
- France – The acquisitions involve hotel properties in various French cities including Paris, Lille, and Cannes.
- United Kingdom – Henderson Park, the PE firm involved, is headquartered in the UK.
Industry
- Real Estate – The acquisition involves real estate transactions as Henderson Park and Atream consolidate ownership of hotel properties.
- Hospitality – The acquired portfolio consists of hotels, which are a core part of the hospitality industry.
- Private Equity – Henderson Park is a private equity firm specializing in real estate investments, making this relevant to the industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Henderson Park | Acquirer | Company | An international private equity real estate firm expanding its hospitality portfolio. |
| Atream | Asset Management Partner | Company | A French tourism and asset management firm partnering with Henderson Park in this acquisition. |
| Accor | Hotel Manager | Company | A multinational hospitality company that will continue managing the acquired hotels. |
| Christophe Kuhbier | Executive at Henderson Park | Person | Head of Investments, Europe, at Henderson Park. |
| Pascal Savary | Chairman at Atream | Person | He communicated Atream's strategic alignment with the acquisition and partnership. |